Question: can i get a step by step answer? The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 First purchase @

The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 First purchase @ May 7 second purchase @ May 17 Third purchase @ May 23 Sales @ May 31 1,300 units @ $4.20 1,400 units @ $4.40 1,600 units @ $4.50 1,200 units @ $4.60 4,200 units @ $6.10 Determine the amount of ending inventory assuming the FIFO cost flow method. $5,970 O $5,980 $5,460 O $4,720
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